$465,000
1016 Meadows Dr, Corinth, TX, 76208
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesOther
Lot Size17,446 sqft
Building Information
Year Built1983
Stories1
Roof Type127
Garage Spaces2
Land Information
APNR25967
Lot Number9
SubdivisionMeadows North Estates
Land UseResidential
Legal DescriptionMEADOWS NORTH ESTATES BLK A LOT 9 MEP & PRR 911
Census Tract021412
Assessed Land Value$93,325
Assessed Improvement Value$303,397
Assessment Year2025
About this property
Fabulous one-story home designed for both everyday living and unforgettable entertaining! Gather family and friends for summer pool parties, relaxing BBQs under the covered patio, or cozy evenings around the outdoor fireplace. Situated in the heart of the city with the rare advantage of no HOA, this property offers exceptional flexibility and space. Ample parking accommodates multiple vehicles, plus room for a boat, RV, or other recreational toys.
Investor Tools
$155,463Estimated Mortgage Balance
$261,537Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,957
$396,722
2025
$93,325
$303,397
$396,722
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,957
$396,722
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Stand Alone First / Home Equity First Lien
$210,400
No
First
Dec 29, 2014
Jan 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,463
$261,537
62%
37%
$1,262/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
$1,262/mo
+$1,468/mo
7.9%
